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Lizabeth Ty aka Lizabeth Gotuaco Has Been Permanently Barred From The Securities Industry

Lizabeth TyPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on October 14, 2016 indicate that former Texas-based Park Avenue Securities broker Lizabeth Ty, also known as Lizabeth Gotuaco, has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Ms. Ty (CRD# 4737319).

Lizabeth Ty has spent ten years in the securities industry and was most recently registered with Park Avenue Securities in Houston, Texas (2006-2015). Previous registrations include Brookstreet Securities in San Juan Capistrano, Texas (2004) and Ameritas Investment Corporation in Lincoln, Nebraska (2004). She is currently not registered with any state or firm.

According to her BrokerCheck report, Lizabeth Ty has received one FINRA sanction and three pending customer complaints.

In May 2016 FINRA sanctioned Lizabeth Ty following allegations she “failed to provide documents and information requested by FINRA during the course of an investigation into allegations that she sold unregistered securities.” She was permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public.

In March 2016 a customer alleged she, while employed at Park Avenue Securities, sold unregistered promissory notes totaling $250,000. The customer is seeking $250,000 in damages in the pending complaint.

In February 2016 a customer alleged Lizabeth Ty, while employed at Park Avenue Securities, sold unregistered promissory notes totaling $500,000. The customer is seeking $500,000 in damages in the pending complaint.

In February 2016 a customer alleged she, while employed at Park Avenue Securities, sold unregistered promissory notes totaling $400,000. The customer is seeking $400,000 in damages in the pending complaint.

If you have complaints regarding Lizabeth Ty, also known as Lizabeth Gotuaco, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.